Is this new program or I was living under the rock?
A Rock!
You probably won't see 1% (the fine prints says up to 1%). Most of these affiliate programs with eBay (Big Crumbs being the best known) give you a share of what they get from eBay which is usually a percentage of the listing fees and/or FVF's. To get big bucks back look for listings that are Featured Plus or Home Page Featured, the higher the fees paid by the seller the higher the kickback.

"What else could I do? I had no trade so I became a peddler" - Lazarus Greenberg 1915
- answering Trolls is voluntary, my policy is not to participate.